Listed by LPT Realty, LLC
$1,100,000
PROGRESSO
Details
APN 494234020590
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 6,762
Year Built 1965
Zoning RM-15
Parking Spaces 5 spaces
Parking Per SqFt 0.74
Multifamily
Marketing description
Mortgage is assumable. All units are tenant occupied, providing immediate income from day one. Seller is motivated and open to creative financing opportunities.
Exceptional 4-unit multifamily investment in Fort Lauderdale’s highly desirable Middle River Terrace neighborhood, minutes from Wilton Manors, Flagler Village, Las Olas Boulevard, Downtown Fort Lauderdale, and Fort Lauderdale Beach. Convenient access to I-95, Galleria Mall, Whole Foods, Publix, shopping, dining, nightlife, and major employment centers.
Strong rental demand, ongoing area redevelopment, and continued population growth make this an attractive opportunity for investors seeking stable cash flow and long-term appreciation. Significant upside exists through rental optimization and strategic management. Ideal for investors looking to expand their portfolio with a well-located multifamily asset in one of South Florida’s most active rental markets. Short-term rental potential may be explored subject to local regulations.
Listing Contacts
Listed by LPT Realty, LLC
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Zoning
RM-15 ResidentialMulti FamilyResidential Multifamily Low Rise And Medium Density
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View all 22 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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